
148 Lot 1a Elm Street Halifax — Photo 1 of 26
$595,000
Investment Analysis — 148 Lot 1a Elm Street
Halifax, MA 02338
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02338 carries an estimated $2,040/mo in gross rent — about a 2.93% cap rate and $17,411/yr in estimated NOI at the $595,000 list price. Adjust every assumption in the calculator below.
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Nature Lovers and Retreat Farmers..Get Lost in the woods ... Mixed use forest and Agricultural. 74+ acres which includes mixed Early Black and Stevens Berries. Also about 20 acres of a pond used for a reservoir. Huge sand hills. Great place for recreation motor vehicles. Woodland critters and water fowl abound. The property has huge sand hills and abuts transmission lines offering a great place for recreation vehicles or horses. This is currently under agricultural and woodland use. Newer retreat barn with generator which has a large open covered deck and outside grills, one of a kind Duck Blind for watching the wonderful water fowl that come to use the ponds. The current use has been cranberries and Bees. However: lots of open space for more gardens. Pump house, barn with wood stove and generator outlets for electric or maybe one may want to consider solar potential. There is also a 2 container barn with covered roof line.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
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Listing Agent: Marie Paulsen
Listing Office: Keller Williams Realty
MLS® Number: 73455144
